,! ,BABBITTS ,HAVE A ,PROGRAM ,ON ,! ,PROGRAM ( ! ,NATIONAL ,ASSOCIATION ( ,MANUFACTUR]S ,PEOPLE 3 ,AU?OR 3 ,PAUL ,MATTICK ,TEXT 3 ,PUBLI%$3 9 ,9T]NATIONAL ,C\NCIL ,CORRESPOND5CE ,VOL4 #a1 NO4#d1 ,JANU>Y #a#i#c#e1 PP #a-#d4 ,S\RCE3 ,ANTONIE ,PANNEKOEK ,>*IVES ,TRANSCRIB$3 BY ,GRAHAM ,DY] ,! SPIRIT ( ,HOOV]1 ,BABBITT @& ,COMPANY LIVES ON1 V]Y MU* UNIMPAIR$4 ,! ,ROOSEVELT ,REVOLUTION CAME1 PASS$ OV] IT1 & F9ALLY SP5T ITSELF 9 ! VAPOR+S *>ACT]I/IC ( PR$EPRESSION ,CAL AT HIS BE/4 ,! MANUFACTUR]S1 9DU/RIALI/S OR :ATEV] ONE *OOSES TO CALL !M 7BUT ! WORD 0CAPITALI/S0 IS TABOO7 HAVE TAK5 HE>T1 EM]G$ FROM !IR CELL>S & COME =W>D ) A 0,PROPOS$ ,PLAT=M = ,RECOV]Y0 :I* WE UND]/& WAS ADOPT$ AT !IR ANNUAL CONV5TION AT ! ,WALDORF-,A/ORIA1 ,DEC4 #e & #f4 ,OR IF IT WASN'T ADOPT$1 ?AT WAS A M]E OV]SIDO1 PRESID5T1 & BE CONV9C$4 ,H]E WE >E 9=M$ SPECIFICALLY ?AT ! WOR?Y ,BABBITTS >E 9T5T ON 0GIV+ !IR BE/ ?\DS BUS9ESS RECOV]Y0 & ?AT 0AT ?IS P>TICUL>LY CRUCIAL TIME0 ! 0ELEM5TS ( RECOV]Y0 >E M]ELY AWAIT+ 0! MAT]IALIZ+ EFFECT ( /ABILIZ+ POLICIES04 ,:I* AT ANY RATE SEEMS TO PROVE ?AT ! LORDS ( ,AM]ICAN CAPITAL >E LE>N+ TO USE BIGG] WORDS2 P]HAPS !Y WILL ACTUALLY BE READ+ BE=E LONG - IF ONLY ! SIGNS ( ! TIMES4 ,9 FACT1 EV5 ! PRES5T PROGRAM CONTA9S AN OCCASIONAL NOTE ( AL>M REG>D+ RADICAL CRITICISM1 & A H9T AT FASCI/ REPRESSION4 ,WE >E W>N$1 = EXAMPLE1 TO 0/OP POISON+ ! WELLS ( PUBLIC OP9ION0 7AS IF ?AT W]E NOT ANO!R CAPITALI/ MONOPOLY72 & ! ,COMMITTEE 7( FUTURE RELATIONS ( GOV]NM5T TO 9DU/RY7 0URGES A *ECK UPON ?OSE UTT]ANCES ?AT RA%LY ASSAIL ! G5]AL 9TEGRITY & COMPET5CE ( \R 9DU/RIAL LEAD]%IP OR ASS]T ! FAILURE ( \R ECONOMIC SY/EM04 ,BUT EV5 AT ! RISK ( 9JECT+ A LITTLE MORE POISON 9TO ?OSE WELLS1 WE WI% TO TAKE UP ! V>I\S PROPOSALS ( ! ,PLAT=M 9 ORD] & 9 SOME DETAIL4 ,! FIR/ PROPOSAL1 0SUBJECT TO RATIFICATION BY 9DU/RY01 DEALS 9 A G5]AL WAY ) 0,! ,ROAD TO ,RECOV]Y04 ,! KEYNOTE H]E IS ?AT 0RECOV]Y MU/ BE RANK$ FIR/ AMONG ALL RELIEF MEASURES0 OR 0RECOV]Y & REEMPLOYM5T MU/ NOT BE SUBORD9AT$ TO RE=M04 ,& H[ IS RECOV]Y TO BE BR\GE PAGES1 IT ALL BOILS D[N TO ! OLD CLI*E ( 0CONFID5CE0 & ! REMOVAL ( 0IMP$IM5TS 9 ! ROAD TO RECOV]Y04 ,9 O!R WORDS1 ! ,ROOSEVELT PROGRAM ( ACTION HAV+ FAIL$1 & CAPITALISM HAV+ PROV$ ?AT IT IS NOT AM5ABLE TO RE=M1 BACK TO ! DO-NO?+ISM ( ! ,GREAT ,5G9E]4 ,! ,COMMITTEE IS EVID5TLY NOT ALTOGE!R UNAW>E ( ! WEAKNESS ( ITS POSITION1 & ACCORD+LY DEVOTES A C\PLE ( P>AGRAPHS H]E TO PO9T+ ) PRIDE TO PA/ ACCOMPLI%M5TS UND] ! ,AM]ICAN ,CON/ITUTION & TO UTT]+ A W>N+ AGA9/ SOME UNM5TIONABLE MALEFACTORS BY :OM 0\R PEOPLE >E N[ BE+ TOLD ?AT \R DIFFICULTIES >E DUE TO ! BREAKD[N ( AN \TWORN ECONOMIC SY/EM04 ,H[EV]1 0\T ( EXP]I5CE 9 ! DAILY CONDUCT ( \R BUS9ESS01 ! 5LIGE TYPE COV]S FIVE PAGES & DEALS ) SIX DIFF]5T SUBJECTS3 #a - ,NATIONAL ,ECONOMIC ,PLANN+ & ,PUBLIC ,ADM9I/RATION2 #b - ,PUBLIC ,F9ANCE2 #c - ,MONEY1 ,BANK+ & ,PRIVATE ,CR$IT2 #d - ,GOV]NM5T ,COMPETITION2 #e - ,EMPLOYM5T ,RELATIONS & ,9DU/RIAL ,DISPUTES2 #f - ,SOCIAL ,SECURITY4 ,! :OLE ?+ IS QUITE AS HIDEB\ND 9 ITS CONS]VATISM & AS B>R5 ( ANY IDEA ?AT W\LD EV5 SO MU* AS T5D TO PROMOTE RECOV]Y AS AN $ITORIAL BY ,WILLIAM ,R&OLPH ,HE>/1 OR A ,REPUBLICAN ,P>TY PLAT=M WRITT51 SAY1 BY ,H]B]T ,HOOV]4 ,H[ ANY SET ( M5 ) EV5 NORMAL 9TELLIG5CE C\LD S]I\SLY PUT =? SU* /UFF AS WOR?Y ( CONSID]ATION 9 ?IS SIX? YE> ( ! 0DEPRESSION0 IS RA!R A MY/]Y & CAN P]HAPS BE MO/ SATISFACTORILY EXPLA9$ BY ! UNCONSCIONABLE DEMAGOGY ( ! B\RGEOISIE ?R\<\T ! WORLD4 ,!Y SEEM TO FEEL ?AT ! RADICAL >GUM5TS HAVE TO BE C\NT]$ 9 SOME MANN] OR O!R1 & ?AT NONS5SE IS BETT] ?AN NO?+4 ,BUT H]E >E ! DRE>Y EXAMPLES4 ,ECONOMIC PLANN+ IS1 ( C\RSE1 REJECT$1 ON ! LONG-HACKNEY$ & PURELY IDEOLOGICAL GR\ND ?AT IT T5DS TO REGIM5TATION1 & ?AT 0NO GR\P ( M5 IS WISE 5\< TO PLAN & CONTROL ! OP]ATIONS ( ALL \R MANIFOLD BUS9ESS ACTIVITIES02 ?\< ?IS LATT] /ATEM5T DOES AT LEA/ CONTA9 AN IMPLI$ ADMISSION ?AT CAPITALISM ITSELF PRECLUDES PLANN+1 & IS P]HAPS = ?AT REASON WOR?Y ( BE+ CALL$ TO ! ATT5TION ( ALL LIB]ALS4 ,ON ! QUE/ION ( PUBLIC F9ANCE1 ! GREAT AIM IS1 ( C\RSE1 TO BALANCE ! ,F$]AL BUDGET - & H[8 ,M]ELY BY ! 0ADOPTION ( POLICIES :I* WILL /IMULATE BUS9ESS1 RE/ORE EMPLOYM5T1 9CREASE NATIONAL 9COME & P]MIT CUTT+ PUBLIC EXP5SES TO FIT REASONABLE TAXES04 ,H]E1 H[EV]1 ! ,BABBITTS >E AT !IR BE/2 !Y MAKE SOME CONCRETE PROPOSALS :I* MIE R>ELY OR NEV] BALANC$4 ,!SE 9CLUDE REJECT+ PAYM5T ( ! SOLDI]S' BONUS UNTIL DUE1 F$]AL APPROPRIATIONS = CON/ITUTIONAL PURPOSES ONLY 7:ATEV] ?AT MEANS7 & 0AN EQUITABLE NON-CUMULATIVE MANUFACTUR]S' SALES TAX0 TO TAKE ! PLACE ( 0EXI/+ /ATE SALES TAXES & PRES5T SELECTIVE ,F$]AL SALES & 'NUISANCE' TAXES04 ,GOV]NM5T COMPETITION IS1 ( C\RSE1 A V]Y T\*Y PO9T ) !SE G5TRY1 & !IR PHRASEOLOGY ON ! SUBJECT BECOMES QUITE LUDICR\S 9 ITS UNGU>D$ RAGE4 ,?US WE >E TOLD TO 0AB&ON ALL =MS ( GOV]NM5T COMPETITION :I* AS EXAMPLES ?REAT5 9DU/RY1 ?W>T PRIVATE 9ITIATIVE & RET>D RECOV]Y0 7ITALICS \RS71 & AGA93 0,/OP GOV]NM5T COMPETITION :I* CONV]TS ! TAXPAY]'S MONEY 9TO AN 9/RUM5T = HIS DE/RUCTION0 7674 ,DEMAGOGY H]E TURNS UPON & DEV\RS ITSELF4 ,! SECTION ON EMPLOYM5T RELATIONS & 9DU/RIAL DISPUTES IS EQUALLY RI* 9 :AT IT TRIES TO CONCEAL1 ?\< MORE C>EFULLY WORD$4 ,IT CONTA9S 9 M9IATURE ! COMPLETE OP5-%OP & NO-/RIKE PHILOSOPHY DE> TO ! HE>TS ( ALL 9DU/RIALI/S4 ,!Y >E V]Y SOLICIT\S1 ( C\RSE1 AB\T /RIKE-BREAK]S 7:AT !Y CALL 0PROTECT+ M5 9 !IR RIGA9 = !MSELVES01 NOR1 NO D\BT1 ( !IR RIVE4 ,& :ILE 0MANAGEM5T RECOGNIZES ?AT ! PRODUCTIVITY ( ! WORK] %\LD BE FAIRLY & EV5 LIB]ALLY REFLECT$ 9 HIS COMP5SATION01 /ILL1 ( C\RSE1 0LABOR CANNOT %>E :AT IS NOT PRODUC$04 ,WE WOND]1 H[EV]1 IF ,LABOR MI!R ON 9 ! ,PLAT=M4 ,IT CONTA9S NO?+ ( ANY P>TICUL> 9T]E/1 OR AT LEA/ NO?+ P>TICUL>LY NEW OR UNEXPECT$1 EXCEPT P]HAPS ! APP>5T EFFRONT]Y ( ! FIR/ S5T5CE :I* READS3 0,BO? PREV5TION & RELIEF ( UNEMPLOYM5T >E SOCIAL PROBLEMS :I* MANAGEM5T1 EMPLOYES & ALL O!R SOCIAL GR\PS MU/ ACCEPT !IR FULL %>E ( RESPONSIBILITY04 ,WE SAY 0APP>5T0 BECAUSE IT IS QUITE POSSIBLE ?AT H]E ! 9DU/RIALI/S W]E ?9K+ ( ! RESPONSIBILITY ( !SE EMPLOYES & O!R GR\PS = P]MITT+ CAPITALISM TO KEEP ON VEGETAT+4 ,9 FACT1 WE READ ON ! PREVI\S PAGE ( ! ,PROGRAM AB\T 0! NORMAL & ORD]LY ME?OD ?R\< :I* A FREE PEOPLE 9 ITS [N 9T]E/ AU?ORIZES ITS 767 PRIVATE 5T]PRISES TO DEMON/RATE BY VOLUNT>Y ACTION !IR CAPACITY = SELF-ORGANIZATION1 & SELF-CONTROL & SELF-5=CEM5T ( ?AT CONTROL 9 ! LIE1 AS WE SAID1 V]Y MU* :AT WAS TO BE EXPECT$ 9 VIEW ( ! ORIG94 ,!RE IS ! USUAL TALK AB\T 0RELIEF SO EXTRAVAGANT ?AT IT UND]M9ES ! MORALE ( ?OSE :O RECEIVE IT01 & ! USUAL CONC]N ) HAV+ WAGE RATES = WORK P]=M$ ON WORK RELIEF L[] ?AN CURR5T WAGE RATES 9 PRIVATE EMPLOYM5T1 & ! FE> ?AT TAXPAY]S' MONEY MIT ( ! ,PROGRAM1 S9CE IT REVEALS ! DIRECTION 9 :I* ! 9DU/RIALS ?9K !Y >E HEAD$ - MO/LY BACKW>D4 ,( C\RSE ! ,COMMITTEE 0EXPRESSES ITS FAI? 9 ! TE/$ FUNDAM5TALS ( \R POLITICAL & ECONOMIC SY/EM0 & 0RECOGNIZES AS AN ESS5TIAL TASK ( /ATESMAN%IP ! CONT9U+ ADAPTATION ( !SE PR9CIPLES TO ! PROBLEMS PECULI> TO MOD]N LIFE )\T COMPROMISE OR SURR5D] ( ! BASIC TRU?S :I* !Y CONTA904 ,IT ASSUMES ?AT ! P[]S CONTA9$ 9 ! ,NATIONAL ,9DU/RIAL ,RECOV]Y ,ACT RE/ UPON ! ASS]TION ( EM]G5CY AU?ORITY & ?AT 0IT IS OBVI\S ! EM]G5CY WILL PASS04 ,IT LOOKS =W>D TO ! 0EXPIRY DATE0 ( ! ,N4,R4,A4 7,JUNE #a#f1 #a#i#c#e7 ) CONSID]ABLE RELIEF1 :]EUPON IT TRU/S ?AT ITS [N PLAN 0W\LD PROVIDE A MEANS ( SECUR+1 ) A M9IMUM ( EXECUTIVE 5=CEM5T1 ! FREE & EFFECTIVE COOP]ATION ( ,9DU/RY & ,GOV]NM5T04 ,?IS PLAN CONSI/S ESS5TIALLY 9 ! 5ACTM5T BY ,CONGRESS ( A ,FAIR ,TRADE ,PRACTICE ,ACT :I* W\LD DIFF] FROM ! ,N4,R4,A4 PRIM>ILY 9 ! FACT ?AT ! ADOPTION ( CODES ( FAIR PRACTICE W\LD BE VOLUNT>Y ON ! P>T ( ! DIFF]5T 9DU/RIES & SUBJECT TO APPROVAL OR DISAPPROVAL BY AN ADM9I/RATIVE C\RT4 ,9 FACT1 ! PLAN W\LD GO /ILL F>!R 9 ! FRE$OM GRANT$ TO 9DU/RY1 9 ?AT 0AN APPROV$ CODE %\LD LIKEWISE PLACE UPON ! 9DU/RY ! PRIM>Y OBLIGATION ( POLIC+ 5=CEM5T04 ,! ,PROGRAM 5DS ) A PANEGYRIC TO ! A*IEVEM5TS ( ,AM]ICAN 9DU/RY1 A PANEGYRIC :I* TURNS \T TO BE A RA!R LAME APOLOGETIC4 ,! GOOD 9DU/RIALI/S DISPLAY A REAL CONC]N AB\T ! FUTURE ( 0?IS GREAT F9ANCIAL1 9DU/RIAL & HUMANITY-S]V+ /RUCTURE0 :I* TO 0DE/ROY ?R\< PREJUDICE OR LACK ( UND]/&+ W\LD BE TO BURN D[N ! H\SE 9 ORD] TO PUNI% SOME RAT04 ,BUT ! LA/ S5T5CE REVEALS A *A/5$ & 7TO ! 9ITIAT$7 HOPELESS \TLOOK :I* BELIES ALL ! BRAVE WORDS ?AT W5T BE=E1 AS IF !Y HAD FA9TLY REALIZ$ ?AT CAPITALISM /ILL DRAGS ON M]ELY BY 9]TIA & /R5G? ( TRADITION4 ,! BE/ ?AT !Y CAN GA!R UP HE>T TO SAY IS ?AT 0ONCE >TIFICIAL OB/ACLES >E REMOV$1 & CONFID5CE RE/OR$1 9DU/RY WILL DO ITS FULL P>T T[>D RECOV]Y04 ,FROM 3 ,M>XI/S4ORG4 ,*RONOLOGY 3 ,M>* #b1 #bba 3 ,! ,BABBITTS ,HAVE A ,PROGRAM -- ,ADD$4 ,JANU>Y #h1 #bbb 3 ,! ,BABBITTS ,HAVE A ,PROGRAM -- ,UPDAT$4 FILE G5]AT$ FROM 3 HTTP3_/_/REVOLTLIB4COM_/